On September 19, 2024, the US Court of Appeals for the Second Circuit issued a summary order in which it held that the “safe harbor” provision of Section 546(e) of the Bankruptcy Code preempted a
Continue Reading Second Circuit rules Bankruptcy Code’s “safe harbor” provision preempts state law fraudulent transfer claimsBankruptcy
Approaches to developing and implementing a survival strategy for hotel owners facing COVID-19
The coronavirus disease 2019 (COVID-19) pandemic has decimated the hospitality and leisure industry. The World Travel & Tourism Council’s (WTTC) latest research indicates that, with this year’s COVID-induced collapse of international tourism, the US economy…
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COVID-19: The benefits of US chapter 11 relief in a time of economic crisis
Below is a recent client alert from our US restructuring colleagues on opportunities available under the US Bankruptcy Code given the current climate. This alert may be relevant not only for our clients with US …
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Beware secured creditors: The newly amended US Federal Rules of Bankruptcy Procedure now require filing a proof of claim
In our last Restructuring Global Insight e-newsletter of 2017, San Francisco-based partner, Joshua D. Morse, discusses certain recent amendments to Rule 3002 of the Federal Rules of Bankruptcy Procedure (which became effective on December…
Continue Reading Beware secured creditors: The newly amended US Federal Rules of Bankruptcy Procedure now require filing a proof of claim